What are the Government Schemes for MSMEs?

MSME – An Overview

In creating enormous job prospects at relatively smaller capital costs than major sectors, MSMEs played a key role. In addition, they have helped to industrialize rural and backward areas by minimizing regional imbalances and making sure that national revenue and riches are distributed more equitably.

The Department of Micro, Small, and Medium Enterprises (MSME) executes different MSME programs/schemes for the growth and promotion of micro and medium-sized enterprises throughout the country under the chairmanship of Hon'ble Premier Shri Narendra Modi.

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Government Support

The Government of India has also been proactive in ensuring that these MSME programs benefit the MSMEs in due course. In the Atmanirbahar Bharat Package, several announcements have been made to offer immediate support to the MSME sector. Also the most significant were:

· INR 3 lakh crore immediate collateral-free loans to MSMEs to purchase raw materials, satisfy operational obligations and restart companies

· Review of the MSME definition to maximize sector advantages

· Rejection of worldwide bids for procurement up to INR 200 Crore for local players

· Clearing of government and public sector (PSU) government and MSME dues within 45 days

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Role of MSMEs in the Indian Economy

The MSME segment has shown itself to be a vibrant Indian economy sector since it was formed. MSMEs manufacture and create a range of items for both domestic and international markets. They helped encourage Khadi, Village, and Coir industries' growth and development. The ministries, the government, and stakeholders in question coordinated and cooperated on rural education.

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In offering job possibilities in rural regions, MSMEs have played a crucial role. In comparison with large industries, they helped industrialize these areas with low capital costs. The MSME sector has made a major contribution to its socio-economic growth as a supplementary unit for the larger sectors.

MSMEs play a key role in the growth of the country in several areas, such as low investment demand, operational flexibility, site mobility, a low import rate, and a strong contribution to local output.

Schemes By Government

1. Prime Minister Employment Generation Programme and Other Credit Support Schemes

PMEGP intends to provide rural as well as urban employment prospects for MSMEs through the establishment of new self-employment initiatives. Khadi and Village Industries Commission (KVIC) is the national manager of this MSME plan and is executed through State Directorates of KVIC, State Boards of Chadi and Villages, District Industry Centers (DICs), and State and District Banks.

2. Development of Khadi, Village, and Coir Industries

· Market Promotion & Development Scheme (MPDA)- This MSME program is a combination of many Khadi MSME initiatives, including advertising, marketing, promotion, and development aid in the marketing sector.

· Revamped Scheme of Fund for Regeneration of Traditional Industries (SFURTI)- SFURTI aims mainly at the organization of traditional industries, providing long-term jobs, improving marketability, equipping traditional craftsmen, and further boosting governance cluster structures.

· Coir Vikas Yojana – CVY is intended to encourage the skills development of craftsmen for the modernization, upgrade, and establishment of new units, and further promotion of both the local and international markets under the Coir Industry Technology Upgradation Scheme (CITUS).

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3. Technology Upgradation and Quality Certification

· Financial Support to MSMEs in ZED Certification Scheme- The purpose of the plan is to support and promote the Make in India movement, to achieve Zero Defect & Zero Effect practices in processes in production, and to enhance it continuously.

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4. Marketing Promotion Schemes

· International Co-Operation - This MSME Scheme includes visiting MSME delegations to other nations to explore and upgrade new fields of technologies, attend international exhibits, trade shows, and buyer-seller conferences in foreign countries.

· Marketing Assistance Scheme - This MSME system offers support for activities such as the organization of international fairs and fairs, the organization of buyer-seller meetings, intense campaigns, and other marketing promotions.

Bottom Line

The Indian MSME sector supports the national economy silently and serves as a bulwark against global economic shock and adversity. Thus, using a stealthy MSME-driven revolution, India is moving towards a powerful world economy.

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Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:

Introduction

Project Introduction
Project Objective and Strategy
Concise History of the Product
Properties
BIS (Bureau of Indian Standards) Provision & Specification
Uses & Applications

Market Study and Assessment

Current Indian Market Scenario
Present Market Demand and Supply
Estimated Future Market Demand and Forecast
Statistics of Import & Export
Names & Addresses of Existing Units (Present Players)
Market Opportunity

Raw Material

List of Raw Materials
Properties of Raw Materials
Prescribed Quality of Raw Materials
List of Suppliers and Manufacturers

Personnel (Manpower) Requirements

Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel

Plant and Machinery

List of Plant & Machinery
Miscellaneous Items
Appliances & Equipments
Laboratory Equipments & Accessories
Electrification
Electric Load & Water
Maintenance Cost
Sources of Plant & Machinery (Suppliers and Manufacturers)

Manufacturing Process and Formulations

Detailed Process of Manufacture with Formulation
Packaging Required
Process Flow Sheet Diagram

Infrastructure and Utilities

Project Location
Requirement of Land Area
Rates of the Land
Built Up Area
Construction Schedule
Plant Layout and Requirement of Utilities

Project at a Glance

Assumptions for Profitability workings	Plant Economics
Production Schedule
Land & Building Factory Land & Building Site Development Expenses
Plant & Machinery Indigenous Machineries Other Machineries (Miscellaneous, Laboratory etc.)
Other Fixed Assets Furniture & Fixtures Pre-operative and Preliminary Expenses Technical Knowhow Provision of Contingencies
Working Capital Requirement Per Month Raw Material Packing Material Lab & ETP Chemical Cost Consumable Store
Overheads Required Per Month And Per Annum Utilities & Overheads (Power, Water and Fuel Expenses etc.) Royalty and Other Charges Selling and Distribution Expenses
Salary and Wages	Turnover Per Annum
Share Capital Equity Capital Preference Share Capital
Annexure 1:: Cost of Project and Means of Finance
Annexure 2:: Profitability and Net Cash Accruals Revenue/Income/Realisation Expenses/Cost of Products/Services/Items Gross Profit Financial Charges Total Cost of Sales Net Profit After Taxes Net Cash Accruals
Annexure 3 :: Assessment of Working Capital requirements Current Assets Gross Working. Capital Current Liabilities Net Working Capital Working Note for Calculation of Work-in-process
Annexure 4 :: Sources and Disposition of Funds
Annexure 5 :: Projected Balance Sheets ROI (Average of Fixed Assets) RONW (Average of Share Capital) ROI (Average of Total Assets)
Annexure 6 :: Profitability ratios D.S.C.R Earnings Per Share (EPS) Debt Equity Ratio
Annexure 7 :: Break-Even Analysis Variable Cost & Expenses Semi-Var./Semi-Fixed Exp. Profit Volume Ratio (PVR) Fixed Expenses / Cost B.E.P
Annexure 8 to 11:: Sensitivity Analysis-Price/Volume Resultant N.P.B.T Resultant D.S.C.R Resultant PV Ratio Resultant DER Resultant ROI Resultant BEP
Annexure 12 :: Shareholding Pattern and Stake Status Equity Capital Preference Share Capital
Annexure 13 :: Quantitative Details-Output/Sales/Stocks Determined Capacity P.A of Products/Services Achievable Efficiency/Yield % of Products/Services/Items Net Usable Load/Capacity of Products/Services/Items Expected Sales/ Revenue/ Income of Products/ Services/ Items
Annexure 14 :: Product wise domestic Sales Realisation	Annexure 15 :: Total Raw Material Cost
Annexure 16 :: Raw Material Cost per unit	Annexure 17 :: Total Lab & ETP Chemical Cost
Annexure 18 :: Consumables, Store etc.,	Annexure 19 :: Packing Material Cost
Annexure 20 :: Packing Material Cost Per Unit	Annexure 21 :: Employees Expenses
Annexure 22 :: Fuel Expenses	Annexure 23 :: Power/Electricity Expenses
Annexure 24 :: Royalty & Other Charges	Annexure 25 :: Repairs & Maintenance Exp.
Annexure 26 :: Other Mfg. Expenses	Annexure 27 :: Administration Expenses
Annexure 28 :: Selling Expenses	Annexure 29 :: Depreciation Charges – as per Books (Total)
Annexure 30 :: Depreciation Charges – as per Books (P & M)	Annexure 31 :: Depreciation Charges - As per IT Act WDV (Total)
Annexure 32 :: Depreciation Charges - As per IT Act WDV (P & M)	Annexure 33 :: Interest and Repayment - Term Loans
Annexure 34 :: Tax on Profits	Annexure 35 ::Projected Pay-Back Period And IRR